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Microcap & Penny Stocks : PanAmerican BanCorp (PABN) -- Ignore unavailable to you. Want to Upgrade?


To: xbrent who wrote (9753)7/29/1998 9:04:00 PM
From: BONGIZMO  Read Replies (1) | Respond to of 43774
 
I agree that we are just seeing things calm down a bit. As for the MM's, I really feel they still aren't doing more than playing the spread in the stock as well as the momentum. If I had to guess I would also say they would lean more towards being short if not flat simply because PRWT has a large number of shares out and we sure haven't had any problem finding sellers. MM's are sharp, they play trends and if they sniff what kevinl does they will go long buying stock off the bid and retailing out to those of us that like to buy on news, therefore if we stopped daytrading PRWT and bought consistently instead of in spurts the trading range would start to move forward instead of being locked where we are. JMHO



To: xbrent who wrote (9753)7/29/1998 10:47:00 PM
From: Jim B  Respond to of 43774
 
I would personally choose to think that as more people read through the thread and the recent news and the links to market happenings in Belize.. that people are accumulating and holding.. thus plenty of people have probably bought their limit for now.. until stock moves
one way or the other... I would guess most people are comfortable with
their position.. I know I am for now.

jim